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Last modified: 16 Aug 2021 13:53

Course Overview

This is an introduction to accounting which aims to provide an understanding of how organisations – particularly small and medium sized businesses – capture, create and use accounting information both to guide their activities internally within the management function and to communicate their financial performance and position to external users of the accounts.  This course allows students to develop practical and analytical skills through a problem-solving approach to accounting-related aspects of business performance reporting and control, particularly in relation to bookkeeping, accounts preparation, budgeting and management accounting.

Course Details

Study Type Undergraduate Level 1
Session Second Sub Session Credit Points 15 credits (7.5 ECTS credits)
Campus Aberdeen Sustained Study No
  • Professor Alan Sangster

What courses & programmes must have been taken before this course?

  • Either Programme Level 1 or Programme Level 2
  • Any Undergraduate Programme (Studied)

What other courses must be taken with this course?


What courses cannot be taken with this course?


Are there a limited number of places available?


Course Description

An introduction to accounting

  • The need for performance measurement and accounting
  • An introduction to business planning

An overview of financial accounting

  • Recording and classifying transactions: Double entry systems
  • Analysing transactions: preparation of financial statements – trading and manufacturing
  • Basic cash flow statements

An overview of management accounting

  • Understanding costs – behaviour, labour, materials and overheads
  • An introduction to costing systems – absorption and marginal costing
  • Short term decision making
  • Budgeting

In light of Covid-19 this information is indicative and may be subject to change.

Contact Teaching Time

Information on contact teaching time is available from the course guide.

Teaching Breakdown

  • 1 Tutorial during University weeks 28, 30, 32, 34
  • 1 Workshop during University weeks 29, 31, 33, 35

More Information about Week Numbers

In light of Covid-19 and the move to blended learning delivery the assessment information advertised for second half-session courses may be subject to change. All updates for second-half session courses will be actioned in advance of the second half-session teaching starting. Please check back regularly for updates.

Summative Assessments

8 x Objective tests (50% altogether)

1x End of course exam on MyAberdeen (50%)

Resit (for students who took the course in Academic Year 2020/21):

End of course exam on MyAberdeen (100%)

Resit (for students who took the course in Academic Year 2019/20 or for C8 students):   
End of course exam on MyAberdeen (100%)

Formative Assessment

There are no assessments for this course.

Course Learning Outcomes

Knowledge LevelThinking SkillOutcome
FactualRememberILO’s for this course are available in the course guide.

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